275.75 CHARTER EXEMPTION FOR AID LOSS.
Notwithstanding any other provision of a municipal charter that limits ad valorem taxes to a
lesser amount, or that would require voter approval for any increase, the governing body of a
municipality may by resolution increase its levy for taxes payable in 2004 and 2005 only by an
amount equal to the reduction in the amount of aid it is certified to receive under sections
for that same payable year compared to the amount certified for payment in 2003.
History: 2003 c 127 art 2 s 17